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Questions and Answers
Which of the following is a recommended step in making a budget?
Which of the following is a recommended step in making a budget?
- Guessing your expenses
- Estimating your income (correct)
- Ignoring your debt
- Spending money impulsively
What is the purpose of tracking your expenses when making a budget?
What is the purpose of tracking your expenses when making a budget?
- To spend more money
- To make random purchases
- To see where your money is going (correct)
- To ignore your debt
What is the benefit of using budgeting tools or apps?
What is the benefit of using budgeting tools or apps?
- They are not user-friendly
- They are expensive
- They require a lot of time to set up
- They can help you save money (correct)
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